508 S Franklin Avenue, Wenatchee, WA, 98801
About This Home
Welcome to 508 S Franklin, a classic 5 bed, 2.75 bath, 3,056 sq ft gem set on a generous 0.18-acre lot in a charming Wenatchee neighborhood. The main level greets you with warm original hardwoods, two comfortable bedrooms, a full bath, dining area and a cozy living room perfect for relaxed evenings at home. The spacious tiled kitchen offers updated countertops and ample storage, making it a great space for the home cook. Downstairs, enjoy an additional bedroom with LVP flooring, a 3/4 bath, a versatile rec room with a rustic wood-burning fireplace ideal for movie nights or hobbies, plus convenient utility space. Upstairs, two more bedrooms and a full bath create a quiet retreat for household members or guests. Outside, mature trees frame a large yard with room for a garden, a patio for outdoor dining or add value by building an ADU - RM Zoning. With parks, schools, and shopping just minutes away, this character-filled home offers the comfort, convenience, and classic Wenatchee charm you’ve been looking for, make it yours today.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1941
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Metal/Vinyl,Wood Products
Type & Style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Water Heater Location: downstairs
Basement
- Has basement: Yes
- Basement: Finished
Bathroom Full
- Level: Second
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Lower
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Entry Hall
- Level: Main
Family Room
- Level: Lower
Features
- Ceiling Fan(s)
- Window features: Dbl Pane/Storm Window
- Flooring: Ceramic Tile,Hardwood,Laminate,Vinyl Plank,Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning,Lower Level: 1,Fireplace
- Fireplace: Yes
Heating
- Heating features: Fireplace,Forced Air,Electric
Interior Area
- Total structure area: 3,056
- Total interior livable area: 3,056 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Utility Room
- Level: Lower
Property
Details
- Parcel number: 222010817420
- Zoning: Residential Moderate
- Zoning description: Jurisdiction: City
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Ceiling Fan(s),Dbl Pane/Storm Window,Fireplace
- Has view: Yes
- View description: Territorial
- Topography of land: Level
- Residential vegetation: Brush,Garden Space
Lot
- Lot size: 7,840 sqft
- Features: Curbs,Paved,Sidewalk,Fenced-Partially,High Speed Internet,Outbuildings,Patio,RV Parking
Parking
- Total spaces: 1
- Parking features: Driveway,Detached Garage,RV Parking
- Has garage: Yes
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Heat Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Chelan County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,578 | $30,936 |
| Home Insurance * | $147 | $1,764 |
| Property Taxes | $358 | $4,296 |
| Electricity | $209 | $2,508 |
| Total | $3,292 | $39,504 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Price change | $510,000 |
| 2026-07-09 | Price change | $525,000 |
| 2026-05-27 | Listed for sale | $545,000 |
| 2025-04-16 | Listing removed | $3,200 |
| 2025-03-13 | Listed for rent | $3,200 |
| 2014-08-25 | Sold | $229,000 |
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